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Griota Daily-pay Loans for Boda Boda Riders

Loan Amounts and Repayment:

We have three working capital loan products called “Kapito”.

To qualify for a higher Kapito, you need to develop your credit score by making timely payments. 

Kapito 100

Loan Amount

UGX 100,000

Pay back daily

UGX 4,000

Duration

30 Days

Starter-level

Kapito 200

Loan Amount

UGX 200,000

Pay back daily

UGX 8,000

Duration

30 Days

Requires 200 Credit Points

Kapito 300

Loan Amount

UGX 300,000

Pay back daily

UGX 12,000

Duration

30 Days

Requires 300 Credit Points

Loan Approval Process:

Once you have Registered on the App, you are legible to apply for a loan. 

The loan approval process involves endorsement by your stage Chairperson and any two other members of your stage. 

Upon endorsement, your credit score and the credit scores of your endorsers are checked. If everything is in order, the loan is approved. Yes, that’s all it takes!

Approved loans are sent by mobile money to your registered phone number. 

Still got questions? See the FAQs

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